Naomi Hirst, Anti-Corruption Campaigner at Global Witness said:
“Today’s announcement is a huge win in the fight against the corruption, tax dodging and money laundering.
The UK’s tax havens have featured in countless corruption and money laundering cases – ending their corporate secrecy will throw a huge spanner in the works of corrupt dictators, tax evaders and organised criminals.
This is the result of years of dogged campaigning by MPs, investigative journalists and a coalition of anti-corruption and anti-poverty campaigners from around the world.
This now raises the stakes for the remaining jurisdictions which are happy to sell secrecy – it is now only a matter of time until anonymous companies are a thing of the past.”
Ava Lee, Senior Campaigner, Anti-Corruption
You might also like
Missing the bigger picture? Russian money in the UK's tax havens
According to new Global Witness analysis more than 7 times more money has flowed from Russia to the Overseas Territories than has gone to the UK over the last ten years.
New analysis: Five times more Russian money in the UK’s tax havens than in the UK
The amount of money held by Russians in the UK is dwarfed by the amount held in the British Overseas Territories according to new analysis released today by Global Witness.
腐败&洗钱, 匿名企业Blog post
Spring is here… time for the UK to clean up its backyard
We’ve identified some of the most significant corruption scandals of the last year where companies in the UK’s Overseas Territories have played a central role, and it makes grim reading for anyone trying to argue this isn’t a problem that needs urgent action.